Who Buys Annuities -

An annuity may be a good fit if you fall into these categories: 5 Things You Should Know About Annuities - AARP

: Approximately 70% to 80% of individual annuity owners have household incomes below $100,000. who buys annuities

: About 65% of owners are currently retired. An annuity may be a good fit if

Annuities are primarily purchased by individuals seeking to secure guaranteed income for retirement. While often associated with the wealthy, recent data shows the majority of owners are with median household incomes around $79,000. Typical Buyer Profile who buys annuities

: Buyers often have a lower tolerance for market risk and prioritize protecting their principal over high growth.

Most annuity buyers share specific demographic and financial traits: